E5 bio-fuel to replace RON 92

vietnamnews

Update: June, 12/2017 – 09:00

People have their motorbikes fuelled at a petrol station on Trần Quang Khải Street, Hà Nội. — VNS Photo Thái Hà

HÀ NỘI — Việt Nam will replace RON 92 petrol with E5 bio-fuel from the beginning of next year.

Accordingly, the supply of RON 92 petrol will be halted in all localities across the country. This was announced by the Government Office following the latest decision passed by Deputy Prime Minister Trịnh Đình Dũng concerning the bio-fuel development project and the roadmap for shifting to bio-fuel mixed with fossil fuels.

RON 92 petrol and E5 bio-fuel, a mix of RON 92 (95 per cent) and bio-fuel ethanol (5 per cent), will co-exist by December 31, 2017. From January 1, 2018, only E5 bio-fuel and RON 95 will be produced and available for purchase.

“The ban of RON 92 grade is in line with the Government’s effort to boost sales and consumption of environment-friendly E5. The shift will also contribute to ensuring energy security, reducing dependence on fossil fuels and implementing the commitments made by the Vietnamese Government to reduce greenhouse gas emissions, among others,” said the Government statement.

The decision is expected to facilitate petrol dealers in the trading of E5 bio-fuel, as consumers will no longer have access to RON 92 petrol.

The Deputy PM also directed the Ministry of Industry and Trade (MoIT) to supervise petrol wholesalers to ensure a stable supply and quality of bio-fuel to the market.

The MoIT is required to cooperate with the ministries of Science and Technology, Finance (MoF) and Transport; the Việt Nam National Oil and Gas Group (PetroVietnam); and the Việt Nam National Petroleum Group (Petrolimex) to propose the application of petrol products quality to ensure they meet the standards of EURO 2, EURO 3, EURO 4 and EURO 5.

Meanwhile, the MoF was told to control the price of bio-fuel to avoid price increases while developing policies to avoid the monopoly of ethanol production.

The MoF would cooperate with the Ministry of Agriculture and Rural Development and MoIT to build a floor buying price of cassava, the main raw material in the production of ethanol.

It would also research to build and promulgate tax policies for imported ethanol to prevent monopoly of local ethanol producers.

Previously, many plans on the wide use of E5 bio-fuel were set but missed their deadline. The Government last year confirmed that plans to start compulsory sales of E5 in eight provinces and cities had been delayed because domestic consumers had shown little interest in making the switch from RON 92 petroleum.

In the latest move, the MoIT said on its online portal that it “may completely replace all RON 92 with E5 by mid-2017”. However, this timeline was moved to the beginning of 2018. — VNS

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This entry was posted in Biofuel - Xăng sinh học, Năng lượng - Energy and tagged by Trần Đình Hoành. Bookmark the permalink.

About Trần Đình Hoành

I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn. I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC. I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters. I have founded and managed businesses for me and my family, both law and non-law. I have published many articles on national newspapers and radio stations in Việt Nam. In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship. Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam. I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN. I study and teach the Bible and Buddhism. In 2009 I founded and still manage dotchuoinon.com on positive thinking and two other blogs on Buddhism. In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development (cvdvn.net). I study the art of leadership with many friends who are religious, business and government leaders from many countries. In October 2011 Phu Nu Publishing House in Hanoi published my book "Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống). In December 2013 Phu Nu Publishing House published my book "10 Core Values for Success". I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.

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